'New geopolitical era': U.A.E. to leave OPEC. did just D. Trump kill OPEC?

[Litwin]

"The United Arab Emirates has announced its withdrawal from the Organization of the Petroleum Exporting Countries (OPEC) and OPEC+." OPEC is a cartel organization! Manipulating oil prices! did just D. Trump kill OPEC?

 

[Litwin]

Trump cheers UAE plan to exit OPEC as "great" and says the move could help calm the volatile oil market shaken by the Iran war. Follow AP's live updates.

 

[Litwin]

UAE Pulls Out of OPEC – Lower Oil Prices Expected – Win for Trump, US and the World.

Well that better happen soon....

 

[Litwin]

There's a reason why individual countries ban cartels and price fixing within their own borders....